Marquee Brands to Acquire Roots in Go-Private Deal
The brand management company will add the Canadian lifestyle label to a growing portfolio that includes Roberto Cavalli and BCBG.
Financial Markets
A financial lens on the fast-changing fashion sector, including markets, investors and deals.
Kering Reports Gucci Q1 Sales Slump Amid Asia Slowdown
Kering SA reported a worse-than-expected slump in sales at the Gucci luxury-goods brand amid a slowdown in Asia, a setback to efforts to revive its biggest brand.
Kering Reports Gucci Q1 Sales Slump Amid Asia Slowdown
Kering SA reported a worse-than-expected slump in sales at the Gucci luxury-goods brand amid a slowdown in Asia, a setback to efforts to revive its biggest brand.
Primark First-Half Sales Up 15 Percent
Associated British Foods Plc reported first- half earnings that slightly beat analyst estimates as growth at its Primark budget-fashion chain more than offset an industrywide drop in the price of sugar.
Primark First-Half Sales Up 15 Percent
Associated British Foods Plc reported first- half earnings that slightly beat analyst estimates as growth at its Primark budget-fashion chain more than offset an industrywide drop in the price of sugar.
Under Armour Slides After Annual Sales Forecast Trails Estimates
Under Armour, which got its start selling polyester workout shirts in the 1990s, projected revenue gain of 23 percent this year that would be its weakest growth since 2009.
Under Armour Slides After Annual Sales Forecast Trails Estimates
Under Armour, which got its start selling polyester workout shirts in the 1990s, projected revenue gain of 23 percent this year that would be its weakest growth since 2009.
Indonesia's Lippo Appoints Banks for $200 Million E-Commerce Funding
Lippo Group has appointed Credit Suisse and Bank of America Merrill Lynch to lead its first round of funding, worth $200 million, for its e-commerce push.
Indonesia's Lippo Appoints Banks for $200 Million E-Commerce Funding
Lippo Group has appointed Credit Suisse and Bank of America Merrill Lynch to lead its first round of funding, worth $200 million, for its e-commerce push.
Handmade Goods Website Etsy Valued at $3.88 Billion in Debut
Shares of Etsy Inc, an online marketplace for handmade goods and craft supplies, more than doubled in their debut on Thursday, valuing the company at about $3.88 billion.
Handmade Goods Website Etsy Valued at $3.88 Billion in Debut
Shares of Etsy Inc, an online marketplace for handmade goods and craft supplies, more than doubled in their debut on Thursday, valuing the company at about $3.88 billion.
Zalando Surges as Spring Clothing Demand Spurs Upbeat Forecast
Zalando SE surged to a record in Frankfurt after Europe’s largest online fashion retailer said it expects first-quarter sales to rise faster than expected on strong demand for spring clothing.
Zalando Surges as Spring Clothing Demand Spurs Upbeat Forecast
Zalando SE surged to a record in Frankfurt after Europe’s largest online fashion retailer said it expects first-quarter sales to rise faster than expected on strong demand for spring clothing.
Avon U.S. Overhaul May Be Better Path Than Unit Sale
Avon Products Inc., which is exploring a sale of its North American operations, may be better off just giving the unit a makeover.
Avon U.S. Overhaul May Be Better Path Than Unit Sale
Avon Products Inc., which is exploring a sale of its North American operations, may be better off just giving the unit a makeover.
Burberry Sales Advance as Americas Compensate for Hong Kong Fall
Burberry Group Plc said second-half sales gained 10 percent as growth in the Americas made up for for a decline in Hong Kong.
Burberry Sales Advance as Americas Compensate for Hong Kong Fall
Burberry Group Plc said second-half sales gained 10 percent as growth in the Americas made up for for a decline in Hong Kong.
J.C. Penney Says Executive Inadvertently Disclosed Same-Store Sales
Department store chain J.C. Penney said a senior executive inadvertently disclosed information on its same-store sales in the first quarter so far to an analyst.
J.C. Penney Says Executive Inadvertently Disclosed Same-Store Sales
Department store chain J.C. Penney said a senior executive inadvertently disclosed information on its same-store sales in the first quarter so far to an analyst.
LVMH Q1 Fashion Sales Rise Less than Expected
LVMH Moet Hennessy Louis Vuitton SE, the world’s largest luxury-goods maker, reported a 16 percent increase in first-quarter sales as growth in the Americas helped compensate for a slowdown in China.
LVMH Q1 Fashion Sales Rise Less than Expected
LVMH Moet Hennessy Louis Vuitton SE, the world’s largest luxury-goods maker, reported a 16 percent increase in first-quarter sales as growth in the Americas helped compensate for a slowdown in China.
Online Luxury Reseller RealReal Raises $40 Million in Funding
The RealReal built a $100 million business around second-hand Chanel flap bags and lightly scuffed Christian Louboutin pumps. Now it wants to double in size using a new injection of venture funding.
Online Luxury Reseller RealReal Raises $40 Million in Funding
The RealReal built a $100 million business around second-hand Chanel flap bags and lightly scuffed Christian Louboutin pumps. Now it wants to double in size using a new injection of venture funding.
Mulberry Signals Worst May Be Behind It as Profit Drop Eases
Mulberry Group Plc said careful cost control meant annual earnings were better than estimated, as a new management team tries to restore the fortunes of the struggling UK handbag maker.
Mulberry Signals Worst May Be Behind It as Profit Drop Eases
Mulberry Group Plc said careful cost control meant annual earnings were better than estimated, as a new management team tries to restore the fortunes of the struggling UK handbag maker.
THE NEWS IN BRIEF
Investors Brace for More Volatility With Trump Set to Address Congress
The president’s remarks come at a pivotal point for markets.
Trump FTC Chair Pledges to Keep Aggressive Merger Enforcement
The organisation’s chairman Andrew Ferguson vowed to aggressively block illegal mergers, reaffirming the agency’s commitment to challenging deals that violate antitrust laws, continuing the stance taken during the Biden administration.
True Religion Acquired by Private Equity Firm Acon Investments
The deal, which included participation from American Eagle’s chief executive, will help the denim maker expand globally.
Sneaker Maker Golden Goose Is Said to Kick Off Milan IPO Soon
Luxury sneaker brand Golden Goose SpA plans to kick off an initial public offering in Milan as soon as this week, according to people familiar with the matter, extending a strong rebound in European listings this year.
Europe Luxury Stocks Slide After Richemont Chairman Says Inflation Is Denting Demand
Luxury goods stocks slumped in Europe, wiping out more than $25 billion in market value after Richemont chairman Johann Rupert said inflation is starting to dent demand across the region.
US Inflation Cooling as Consumer Prices Rise Moderately Again
US consumer prices increased moderately in July as higher rents were mostly offset by declining costs of goods such as motor vehicles and furniture, a trend that could persuade the Federal Reserve to leave interest rates unchanged next month.
Kim Kardashian Hires Wall Street Talent to Bulk Up Buyout Firm
Kim Kardashian’s private equity firm hired a half-dozen financial-industry professionals, including a new chief operating officer who previously worked at alternative investment giant Apollo Global Management Inc.